Multiple Choice
Fund financial statements for fiduciary funds include which of the following?
A) Balance sheet and income statement.
B) Balance sheet, income statement, and a statement of cash flows.
C) Statement of fiduciary net assets and a statement of changes in fiduciary net assets.
D) Statement of fiduciary net assets, statement of changes in fiduciary net assets, and statement of cash flows.
Correct Answer:

Verified
Correct Answer:
Verified
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